---
schema_version: "secwatch.filing_event.v1"
accession: "0001517375-23-000119"
form_type: "8-K"
ticker: "SPT"
cik: "0001517375"
company_name: "Sprout Social, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:05:57.384123+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "medium"
source: SEC EDGAR
---

# Sprout Social Q3 revenue $85.5M (+31% YoY), above guidance; raises 2023 outlook

## Summary
- Q3 revenue $85.5M (+31% YoY), above guidance; ARR $359.5M (+33% YoY).
- RPO $228.7M (+67% YoY); GAAP net loss ($23.0M) vs ($13.9M) YoY.
- Non-GAAP net loss ($0.6M) improved from ($1.0M) YoY; Non-GAAP EPS ($0.01) vs ($0.02).
- Raised full-year 2023 guidance (specific numbers not provided in excerpt); cash $121.4M.
- Operating cash flow ($5.5M) vs $1.0M YoY; free cash flow ($3.4M) vs $0.5M YoY.

## SEC filing metadata
- accession: 0001517375-23-000119
- form_type: 8-K
- ticker: SPT
- cik: 0001517375
- company_name: Sprout Social, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: medium
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517375/000151737523000119/0001517375-23-000119-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517375/000151737523000119/spt-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517375-23-000119
- JSON: https://secwatch.observer/filing/0001517375-23-000119.json
- Plain text: https://secwatch.observer/filing/0001517375-23-000119.txt

## Key facts
- Earnings Releases
  Sprout Social, Inc. reported third quarter ended September 30, 2023 results: revenue $85.5 million, net income ($23.0) million, EPS ($0.41). Guidance raised.
  - Period: third quarter ended September 30, 2023
  - Revenue: $85.5 million
  - Net income: ($23.0) million
  - EPS: ($0.41)
  - Guidance: raised
  - Result: reported results
  source text: our customers every day. Our fantastic business results and outlook reflect strong execution against these goals.” Third Quarter 2023 Financial Highlights Revenue ● Revenue was $85.5 million, up 31% compared to the third quarter of 2022. ● ARR was $359.5 million, up 33% compared to the third quarter of 2022. ● Total remaining performance obligations (RPO) of $228.7M,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517375/000151737523000119/0001517375-23-000119-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.